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Probate Price Information

 

Wills, Powers of Attorney & Probate

 

How much will my Will, Power of Attorney or Probate cost?

 

We charge for Wills and Powers of Attorney on a fixed fee basis with no hidden charges.

 

 

A straightforward single Will    £186

 

Will                                   £150 + VAT at 20%

 

AML/ID                                 £5 VAT at 20%

 

 

A straightforward Will for a couple     £276

 

Will                                   £220 + VAT at 20%

 

AML/ID                              £10 VAT at 20%

 

 

 

Preparing a Power of Attorney for Property & Financial Affairs

OR  

Health & Welfare for a single person (unregistered)    £276

 

POA                                  £220 + VAT at 20%            

 

AML/ID                              £10 VAT at 20%

 

 

Preparing a Power of Attorney for Property & Financial Affairs

OR

Health & Welfare for a single person (registered)    £612

 

POA                                  £440 + VAT at 20%            

 

AML/ID                              £10 VAT at 20%

 

Court                                   £82

 

 

Home Visit (each)     £60

 

£50 + VAT

 

 

How much will my Probate cost?

 

We can either obtain the Probate for you and let you deal with the administration of the estate or we can do the whole thing for you. To obtain the Grant of Probate our costs commence at £1,007.

 

This is broken down as follows:

  • Probate application                                                                      

  • Anti-Money Laundering & Client Identification Charge          

  • Court Fee (including copy Probates)                                        

 

If you would like us to administer the estate for you, we charge an hourly rate for the time this takes. We will account to you for the time and can provide you with a full breakdown on request. Our hourly rate varies between members of staff but will never be more than £200 per hour.

 

Deputyships

 

A deputyship needs to be obtained when a person does not have a Lasting Power of Attorney and loses mental capacity. We will apply to the Court on your behalf for a Deputyship Order. The legal fees for this service are authorised by the Court usually around £2,000 plus VAT at 20% if there are no objections and Court fees. The Court fees vary and certain people can be exempt from the Court charges.

 

Trusts

 

There are many reasons for setting up a Trust. The legal fee for placing a house into a Trust is £1,500 plus VAT at 20%. There are also Land Registry fees which depend on the value of the property.

 

How long should it take?

 

This is determined by many factor but usually a Will or Power of Attorney can be completed in around 3 weeks or 3 months when the Power of Attorney is to be registered or the financial consideration. Once we have all the information from you a Probate can usually be obtained in 4-6 weeks for a non-taxable estate or longer if an estate is taxable.

 

Administering an Estate can take between 6 months and a year depending on whether there is property in the estate and/or there is Inheritance Tax to pay and other delaying matters such as DWP interest.

 

What do we do?  

 

Generally and dependently upon what you require:

  • Meet with you and take instructions on your Will, Power of Attorney or Probate

  • Gather in all the necessary documents and information from you

  • Prepare the Will, Power of Attorney or Grant of Probate

  • Advise you on the detail of the Documents and the next steps

  • Complete the documents and apply to the Court where necessary

  • Store your original Will and Power of Attorney

  • Administer the estate where you have asked us to do so

 

Are there any additional charges?

 

There may be, as not everything is usual or straightforward. The most common extra charges (including VAT) are for unexpected issues such as Inheritance tax, Care Fee mitigation and the Variation of an Estate.

Example common extras include:

  • Wills with extensive legacies £200 plus VAT

  • Inheritance Tax advice £300 plus VAT

  • Dealing with taxable estates or nil rate band claims£900 plus VAT

 

If additional work is require and this will incur further costs, we will discuss with you why it is necessary and what options may be open to you before agreeing a fee for that work or carrying out the additional work.

 

Who will do my work?

 

Your work will be carried out by one of our Mr Craft and his secretaries/ assistants. They will be your main point of contact and are there for you throughout the transaction.

£700        VAT at 20%

£10.00      VAT at 20%

£155